Related Statistics Q&A
Find answers to questions asked by students like you.
Q: Discuss how statistics, as a way of organizing and summarizing data, helped make good decisions when…
A: Statistics is the branch is the branch of applied mathematics in which we do collection, analysis,…
Q: Classification is most closely associated with diagnostic analytics
A: The diagnostic analysis is referred to the root cause. it uses a process such as data discovery,…
Q: Explain the most useful methods of data presentation from a manager's point of view in order to make…
A: note : Hi! Thank you for the question, As per the honor code, we are allowed to answer one question…
Q: What does a researcher attempt to do when constructing an "analysis story" to go with the results of…
A: Research: Research is the thoughtful reflection of a study concerning a particular interest or…
Q: What does a researcher attempt to do when constructing an "analysis story" to go with the results of…
A: A research study contains many aspects. First, area of interest on which research, needed to…
Q: Give the importance of statistics in education course and in everyday life
A: Statistics - it is the regulation that covers the collection, organization, analysis,…
Q: What is the relationship between data, information and an information system
A: Solution: Data: This consists of observations that are in the raw form. It has to be processed to be…
Q: How will statistics play a part in a health provider's career?
A: Click to see the answer
Q: Describe two ways economists try to forecasts developments in the economy
A: * An economic forecast is a process of trying to predict a future economic situation using a…
Q: Explain why honesty is a hypothetical construct instead of a concrete variable. Describe how shyness…
A: Constructs are internal attributes that cannot be directly observed but this is very helpful for…
Q: Discuss characteristics of academic writing.
A: Academic writing refers to a style of expression used to define the intellectual boundaries of any…
Q: Explain the value of the business statistics in management
A: Statistical research in business enables managers to analyze past performance, predict future…
Q: Explain on the shape of data
A: From provided information, table of frequency distribution is: Classes Midpoint Frequency…
Q: Explain three main reasons for conducting research
A: Research is a procedure for finding accurate solutions to important questions, by the use of…
Q: Explain the differences between qualitative and quantitative data; provide examples of each.
A: The data are the individual pieces of factual information recorded, and it is used for the purpose…
Q: With practical examples, explain three strengths of the qualitative approach to doing communication…
A: The advantages of Qualitative approach of research are: It can help in monitoring the changing…
Q: Provide a reason why the classification of data is important.
A: Click to see the answer
Q: Which characteristic of data is a measure of the amount that the data values vary?
A: Center - It is the center of the given data values. Variation - It is the change in data values from…
Q: The name of your cat is an example of nominal data. O True False
A: nominal data: nominal data is a type of data thatis used to lable variables with out providing any…
Q: what does the shape of the box imply about the concentration of data? use complete sentences
A: In statistics, the box plots are graphical technique that tells us about the concentration of the…
Q: ILLUSTRATE HOW STATISTICS PLAY AN IMPORTANT ROLE IN STOCK MARKET
A: The Price to Earnings Growth Ratio may be the most important statistic. in understanding the…
Q: How is descriptive analytics different from traditional reporting?
A: Descriptive analysis describe or summarises raw data and make it into something interpretable by…
Q: Illustrate Interpret significant and non-significant differences?
A: If the p-value is below the provided level of significance, than the null hypothesis would rejected…
Q: Explain when can we use data grouping?
A: when the data is large, then the data grouping is used. The general way of handling continuous…
Q: I. Write a paragraph or two that interprets and analyzes each data set represented in…
A: The most common symptoms observed in persons infected with COVID-19 are fever, dry cough, fatigue,…
Q: Interpret the path diagram below: Critical thinking DNA Statistics Mathematics Conceptual
A: The Diagram can be interpreted as follows Conceptual understanding and critical thinking related…
Q: What does it mean when a constant is added to every data value in a data set ?
A: when a constant is added to every data value in a data set, there will be a change in the…
Q: what are the real-life implications of statistics in businesses? give 3 examples
A: The statistics used in all the departments of business activity like sales, purchase, production,…
Q: How can In-depth interview help a researcher obtain a data from you?
A: Interviews are used to collect data across all educational research fields. There are different…
Q: Explain why there is a need to present results/data through graphs and tables.
A: Tabulation is the process of condensing the classified data that helps in easy understanding and…
Q: A point estimate of a population consists of how many numbers?
A: Solution: Point Estimation: Point estimate is type of estimation in a statistics. In the point…
Q: Which are the ultimate tools that are being brought in business analytics?
A: 1. Sisense 2. Zoho Analytics
Q: Is theory essential to the research process and statistics? Please Explain.
A: Introduction about Theory: Theory can be defined as the idea or concept that has no proof. It could…
Q: Mode can be more than one in a data set but medium cannot be.explain
A: Median: The median is the middle value in an ordered sequence of data. If there are no ties, half of…
Q: Make an analysis about the data gathered.
A: Measure of central tendency used to summarize the data, tabulation and graphical representation of…
Q: Make an analysis about the data gathered.
A: The descriptive statistics is used to make summarization of the given data, where measure of central…
Q: The "fishing" approach to data analysis refers to what?
A: " fishing" is a data mining practice in which large volumes of data are analyzed seeking any…
Q: very observation in a data set is multiplied by a constant k. What best describes the effect on…
A: Given : Every observation in a data set is multiplied by a constant k Let the observations be :…
Q: Discuss the importance of real analysis in statistics?
A: Statistical theory deals with convergence of sequences of random variables in high-dimensional…
Q: Discuss the importance of real analysis in statistics?
A: Here are some Importance of real analysis Statistics.
Q: How we do Quantitative Research and Qualitative Research Comparison?
A: It is asked how we do Quantitative Research and Qualitative Comparison